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Termite Control Market Size – Industry Share Report 2017 – 2022

05-24-2017 02:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: RNR Market Research

Termite Control

Termite Control

Termite Control Market Size, Capacity, Trends, Outloock, Research, Annalysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.

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The termite control market is projected to grow at a CAGR of 5.6% from 2017, to reach a value of USD 4.11 billion by 2022. The market is driven by climate change, growth in public awareness, and government regulations on public and environmental healt has well on the food hygiene. Economic activities across the globe are growing at an exponential pace, along which the growing middle-class population is also driving demand for termite control options, focusing more on improving hygiene and health standards. Lack of skilled technicians, offering innovative solutions for termite control and delayed regulatory approval process for chemical applications in residential and commercial areas have been considered as restraining factors for the market.

The commercial & industrial segment accounted for the largest market share in 2016, as food & beverage manufacturing, hospitality, government organizations, pharmaceutical manufacturing, warehousing, retail, educational institutions, healthcare, office, turf and garden maintenance are some of the key areas where compliance with local authorities for work-in-place hygiene and maintenance is highly important. This various structures require efficient solutions for controlling spread of termites.

Biological control is projected to grow at the highest CAGR from 2017 to 2022, due to the increasing scrutiny on the environmental impact of chemical compounds. The usage of biological termiticides, which have few to no side effects on human health, is gaining high acceptance. The termite control service providers are slowly shifting their focus on using microbial products such as Bacillus thuringiensis and microbial extracts in their products, which have been proved to be effective on termites without much development of termiticide resistance.

Break-up of Primaries:

• By Company Type: Tier 1- 35%, Tier 2- 45%, Tier 3- 20%
• By Designation: C level-25%, Directors-30%, Others- 45%
• By Region: Asia-Pacific- 20%, Europe-25%, North America-45%, RoW- 10%

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Key Points From Table Of Content :

Company Profiles :

4 Premium Insights

4.1 Attractive Opportunities in Termite Control Market
4.2 Termite Control Market, By Control Method
4.3 Asia-Pacific: Fastest-Growing Termite Control Market
4.4 Termite Control Market Growth, By Country
4.5 Life Cycle Analysis, By Region

11 Company Profiles

(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*

11.1 Introduction
11.2 BASF SE
11.3 The DOW Chemical Company
11.4 Bayer Cropscience AG
11.5 Syngenta AG
11.6 Sumitomo Chemical Co., Ltd.
11.7 FMC Corporation
11.8 Nufarm Limited
11.9 United Phosphorus Limited
11.10 Rentokil Initial PLC
11.11 Adama Agricultural Solutions Ltd.
11.12 Nippon Soda Co. Ltd
11.13 Control Solution Inc.
11.14 Ensystex

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Research Coverage:

The termite control market has been segmented on the basis of species type, application, and control method,which are further divided into their subsegments. It has also been segmented on the basis of region into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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